Another billion demanded

The Hikoi for Homes has demanded $1 billion a year more for pubic housing.

This brings the total of extra spending demanded by politicians and lobby groups since the May Budget to $9.4 billion per year.

To fund these demands we would either have to move the top tax rate from 33% to 77% or increase GST from 15% to 24%.

And that’s just to cover six months of spending demands from the left.

I’m hoping their demands will exceed $14 billion before 12 months are up, at which stage the top tax rate would need to be 100% to fund their demands.

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